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Iron Mountain vs Weyerhaeuser: revenue, profit, margins and growth compared

Iron Mountain brought in $6.9B of revenue in fiscal 2025, Weyerhaeuser $6.9B in fiscal 2025. Revenue changed by +12.2% at Iron Mountain and -3.1% at Weyerhaeuser on the year before, so Iron Mountain grew faster. Iron Mountain kept 2.1% of its revenue as net profit, Weyerhaeuser 4.7%. Free cash flow was -$931.6M at Iron Mountain and $511M at Weyerhaeuser.

Side by side, latest fiscal year

IRMWY
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$6.9B$6.9B
Revenue growth+12.2%-3.1%
Net income$144.6M$324M
Net margin2.1%4.7%
Free cash flow-$931.6M$511M
Free cash flow margin-13.5%7.4%
Earnings per share (diluted)$0.49$0.45
Cash$158.5M$464M
Debt$16.4B$5.6B
Price to earnings227.344.5
Market value$33.2B$14.4B
Dividend yield2.89%4.20%
Rank by revenue in sector#5 of 162 · Real estate#4 of 162 · Real estate

Over the years

Revenue
IRM FY2018: $4.2BIRM FY2019: $4.3BIRM FY2020: $4.1BIRM FY2021: $4.5BIRM FY2022: $5.1BIRM FY2023: $5.5BIRM FY2024: $6.1BIRM FY2025: $6.9BWY FY2018: $7.5BWY FY2019: $6.6BWY FY2020: $7.5BWY FY2021: $10.2BWY FY2022: $10.2BWY FY2023: $7.7BWY FY2024: $7.1BWY FY2025: $6.9BFY18FY19FY20FY21FY22FY23FY24FY25
IRM $6.9BWY $6.9B
Net income
IRM FY2018: $353.9MIRM FY2019: $267.4MIRM FY2020: $342.7MIRM FY2021: $450.2MIRM FY2022: $557MIRM FY2023: $184.2MIRM FY2024: $180.2MIRM FY2025: $144.6MWY FY2018: $748MWY FY2019: -$76MWY FY2020: $797MWY FY2021: $2.6BWY FY2022: $1.9BWY FY2023: $839MWY FY2024: $396MWY FY2025: $324MFY18FY19FY20FY21FY22FY23FY24FY25
IRM $144.6MWY $324M
Net margin
IRM FY2018: 8.4%IRM FY2019: 6.3%IRM FY2020: 8.3%IRM FY2021: 10.0%IRM FY2022: 10.9%IRM FY2023: 3.4%IRM FY2024: 2.9%IRM FY2025: 2.1%WY FY2018: 10.0%WY FY2019: -1.2%WY FY2020: 10.6%WY FY2021: 25.6%WY FY2022: 18.5%WY FY2023: 10.9%WY FY2024: 5.6%WY FY2025: 4.7%FY18FY19FY20FY21FY22FY23FY24FY25
IRM 2.1%WY 4.7%
Revenue growth
IRM FY2019: +0.9%IRM FY2020: -2.7%IRM FY2021: +8.3%IRM FY2022: +13.6%IRM FY2023: +7.4%IRM FY2024: +12.2%IRM FY2025: +12.2%WY FY2019: -12.3%WY FY2020: +14.9%WY FY2021: +35.4%WY FY2022: -0.2%WY FY2023: -24.6%WY FY2024: -7.2%WY FY2025: -3.1%FY19FY20FY21FY22FY23FY24FY25
IRM +12.2%WY -3.1%
Free cash flow
IRM FY2018: $475.5MIRM FY2019: $273.7MIRM FY2020: $549.4MIRM FY2021: $147.8MIRM FY2022: $52.3MIRM FY2023: -$225.7MIRM FY2024: -$594.9MIRM FY2025: -$931.6MWY FY2018: $744MWY FY2019: $909MWY FY2020: $1.5BWY FY2021: $3.1BWY FY2022: $2.8BWY FY2023: $1.4BWY FY2024: $956MWY FY2025: $511MFY18FY19FY20FY21FY22FY23FY24FY25
IRM -$931.6MWY $511M

Fiscal years as each company reports them; the two may end in different months.

Questions about Iron Mountain and Weyerhaeuser

Which is bigger by revenue, Iron Mountain or Weyerhaeuser?

Weyerhaeuser is bigger by revenue: $6.9B in fiscal 2025, against $6.9B for Iron Mountain in fiscal 2025.

Which keeps more of its revenue as profit, Iron Mountain or Weyerhaeuser?

Iron Mountain had a net margin of 2.1% in fiscal 2025; Weyerhaeuser had 4.7% in fiscal 2025.

Which grew revenue faster, Iron Mountain or Weyerhaeuser?

In their latest fiscal years revenue changed by +12.2% at Iron Mountain and -3.1% at Weyerhaeuser.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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